What are the responsibilities and job description for the Director of Finance position at City of Pawtucket?
This position manages and/or provides for the administration of all City financial matters. This includes producing and administering the City’s operating and capital budgets in concert with the Mayor, improving the City’s financial condition, and overseeing and directing the functions of accounting, tax assessing, tax revenue collections, purchasing, accounts payable and disbursements, and payroll. Also assures performance audit timely submission, and the associated financials and other systems and work flows to report on these matters. The Finance Director is responsible for maintaining and improving upon the efficiency and effectiveness of all areas under his/her direction and control.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- An ex-officio member of the Pawtucket Water Supply Board which requires attendance to monthly meetings and special meetings as announced.
- An ex-officio member of the Pawtucket Purchasing Board.
- The administrator of the in-house Police and Firefighters Pension Plan. Attends and participates in quarterly or special meetings of the Pension Board whose responsibility is the investment of the plan’s funds and utilizes money managers and a consultant to return the best possible yields and gains. Serves as a member of the Board who resides over the Pension Board, makes recommendations to the City Council and prepares minutes of meetings.
- Plans, directs and provides direct oversight to the following city departments: Finance, Accounting, Collections, Human Resources, Information Technology, Tax Assessor, Purchasing, and assigned by the Mayor’s Office.
- The administrator of the three deferred compensation plans (457b). Acts on request of member transfers and withdrawals and assures compliance.
- Must attend Council and Committee meetings as requested to support administration’s financial directives.
- Serves as a member of the Senior Management Team of the Administration.
- Assists the Mayor and others with the preparation and review of the annual operating budgets, capital improvement plans and related plans.
- Schedules and assists with the professional, outside audit of the City; addresses adverse findings in a timely manner raised in the audit management letter.
- Maintains a working knowledge of all federal and state laws and other regulations concerning municipal finance; apprises the Mayor of requirements and significant changes.
- Administers the City’s Enterprise Resource Planning (ERP) program (Currently Munis).
- Responsible for the complete and overall coordination and direction of all financial management, accounting, procurement, and human resource operations of the City government and under the direction of the Mayor and his/her Administrative Assistant.
- Plans, directs supervises, reviews, and reports on all financial, reporting, and accounting operations, work flows, and related systems to provide the Mayor, the City’s operating units and others with accurate, efficient and effective information.
SUPERVISORY RESPONSIBILITIES
Supervision Received: Works under the general direction of the Mayor as a senior management team member; responsibilities are managed according to nationally adapted accounting standards, professional practices and according to local, state and federal laws and regulations.
Supervision Given: Regularly supervises and confers with direct reporting department and operating unit managers including the tax assessor’s, tax revenue collections, purchasing, accounts payable and disbursements, payroll, HR, Tax Assessor and Treasurer, as assigned by the Mayor’s Office; reviews their work products, the work of their direct reports, and the associated programs, projects and activities.
Supervision Scope: Requires minimal or no supervision and exercises substantial independent discretion, judgment and initiative; supervises directly and through others; is responsible for the supervision and performance of all people within the operating unites under his/her direction and control.
QUALIFICATIONS: Applicants for this position must have a bachelor’s degree from an accredited college or university in accounting, economics, finance or a related field and have completed additional study or have experience in one or more specialized areas such as banking and finance, investment analysis and cash management, managerial practices, labor relations, cost accounting or computer science; an MBA or an MPA are preferred and a CPA is preferred however commensurate experience may be substituted; must have a minimum of five years of progressively responsible experience in government accounting and/or financial management; experience in municipal accounting and strong knowledge or Rhode Island law pertaining to municipal finance are preferred; must have no offenses which would prohibit or restrict insurance coverage or bonding by any carrier servicing the City.
Job Type: Full-time
Pay: $115,000.00 - $140,000.00 per year
Benefits:
- Dental insurance
- Employee assistance program
- Health insurance
- Life insurance
- Paid time off
- Retirement plan
- Vision insurance
Schedule:
- Monday to Friday
Experience:
- Financial management: 5 years (Preferred)
License/Certification:
- Driver's License (Required)
Work Location: In person
Salary : $115,000 - $140,000